12.11.2014 Views

Services Agreement - Sample - Export Development Canada (EDC)

Services Agreement - Sample - Export Development Canada (EDC)

Services Agreement - Sample - Export Development Canada (EDC)

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

6. The Recipient shall be responsible only for direct damages caused to the Disclosing Party by any<br />

disclosure of Confidential Information in breach of this CONFIDENTIALITY AGREEMENT.<br />

The Disclosing Party shall not be entitled to recover from the Recipient any amount on account of<br />

any indirect, special or consequential damages as a result of any action or failure to act under or<br />

in respect of this CONFIDENTIALITY AGREEMENT.<br />

7. The parties agree that the party which has suffered or would suffer by the breach of this<br />

CONFIDENTIALITY AGREEMENT by the other, may, subject to applicable law, be entitled to<br />

immediate equitable relief, including injunction and specific performance, as remedies for any<br />

such breach. Such remedies shall, subject to applicable law, not be deemed to be the exclusive<br />

remedies available for any such breach but shall be in addition to all other remedies available at<br />

law or in equity. By entering into this <strong>Agreement</strong>, <strong>EDC</strong> is not waiving any rights which it may<br />

have pursuant to applicable law.<br />

8. All documents, drawing, spreadsheets, data and writings (including electronic materials)<br />

disclosing Confidential Information and all copies thereof shall be returned promptly by the<br />

Recipient upon receipt of a written request from the Disclosing Party or at any time by the<br />

Recipient in its discretion and any copies that have been made will (subject to the requirements of<br />

applicable law and internal audit purposes in the case of which the terms of this<br />

CONFIDENTIALITY AGREEMENT shall continue to apply to the Confidential Information not<br />

so dealt with) be destroyed in accordance with the Recipient’s procedure for destruction of<br />

similar confidential material; however, the undertakings set forth in this section shall not apply to<br />

Confidential Information furnished to <strong>EDC</strong> in connection with transactions entered into by <strong>EDC</strong><br />

including any financing, insurance or other arrangements whatsoever. The Parties' obligation to<br />

protect Confidential Information in accordance with this CONFIDENTIALITY AGREEMENT<br />

shall survive such return or destruction of the Confidential Information and shall subsist until the<br />

date determined under Section 9.<br />

9. This CONFIDENTIALITY AGREEMENT constitutes the entire understanding and agreement of<br />

the Parties relating to the protection of Confidential Information. No rights or obligations other<br />

than those expressly recited herein are to be implied from this <strong>Agreement</strong>, or otherwise, and the<br />

Parties, to the extent permitted by the governing law of this CONFIDENTIALITY<br />

AGREEMENT, agree that this CONFIDENTIALITY AGREEMENT shall be the sole and<br />

exclusive source of their rights against each other in relation to Confidential Information.<br />

10. This CONFIDENTIALITY AGREEMENT may be terminated at any time by mutual agreement<br />

of the parties and unless earlier terminated, this CONFIDENTIALITY AGREEMENT shall<br />

expire three (3) years from the Effective Date. On a single occasion, at any time before its<br />

expiration or termination, either party may extend this CONFIDENTIALITY AGREEMENT for<br />

one year by written notice (by fax or otherwise) to the other party, which notice shall be effective<br />

upon receipt.<br />

B-3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!